đšđšKamala Harris Speaks on Crypto for the First Time, Promises Support with Cautionđšđš
In a significant moment for the crypto industry, U.S. Vice President Kamala Harris has made her first public statement on digital assets during her presidential campaign. Speaking at a Wall Street fundraiser, Harris expressed her support for innovative technologies like artificial intelligence and digital assets, while emphasizing the need for consumer protections. She pledged to create a "safe business environment" with transparent and consistent rules, aiming to foster innovation while ensuring investor safety.
This is Harrisâs first public comment on crypto since emerging as the Democratic frontrunner. While some in the industry speculate about whether she will take a more favorable stance than President Biden, her remarks have sparked reactions across the crypto space. Coinbaseâs policy chief, Faryar Shirzad, welcomed her recognition of digital assets, though he noted that her position isnât as bold as Donald Trumpâs. Others in the industry, including leaders from Paradigm and Variant, see Harrisâs remarks as progress, but are eager for more policy details on how consumer protection will be balanced with fostering innovation.
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